Today the state government has confirmed that funding will be awarded to the Central Queensland Motor Sporting Club to carry out further analysis which will be used to build a business case study for a Supercars event.

The study will include further investigation of the infrastructure component, including a hydrology report, the development of a detailed business case that builds on the pre-feasibility report, and a full financial analysis.

“Having a Supercar Championship fixture here in Rockhampton would be a great win for the local tourism industry,” said Tourism Industry Development Minister Kate Jones.

“The Rockhampton Regional Council recently completed a pre-feasibility report as well as preliminary design plans for the proposed racing track.

“These early reports indicate design and construction of the track could cost in the vicinity of $20 million with a boost to the Rockhampton region from a Supercars Championship of $14 million a year.”

The proposed Rockhampton circuit is an upgrade and significant extension of existing roads within ‘The Common’, a suburb used for sport and recreation including the Rockhampton Jockey Club.

The roads would technically form a street circuit but the circuit would not impact on the Rockhampton CBD, which is located on the opposite side of the Fitzroy River.